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India's JSL starts scouting for land for proposed $4.20 billion greenfield steel mill in Maharashtra-The 27th China(Guangzhou)International Stainless Steel Industry Exhibition 8/11/2026 不銹鋼展-Stainless Steel exhibition-Steel expo |
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India''s Jindal Stainless Limited (JSL) has commenced the process of identifying suitable land in the westernstate of Maharashtra for construction of its planned $4.20 billion greenfield mill, a company executive said onMonday, August 10.
"It is taking some time but we are progressing in the right direction to secure necessary land for the project," JSLCEO Tarun Khulbe said.
"There will be clarity on the land issue over the next one to two quarters," he added.
According to the company, the proposed stainless steel facility will have a total capacity of 4 million mt per yearand will be constructed in phases, with the first phase expected to be operational in the next four years.
JSL willalso produce specialized grades of steel for critical applications in emerging sectors such as hydrogen,nuclear energy, defense, mobility, infrastructure and process industries.
不銹鋼展-2027第二十七屆廣州國際不銹鋼工業(yè)展-Stainless Steel Exhibition -The 27th China(Guangzhou)International Stainless Steel Industry Exhibition
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